How the Trump Credit Card Interest Rate Cap Could Reshape US Consumer Lending

KEY POINTS  President Donald Trump said this week he would impose a one year cap limiting credit card interest rates to ten percent. A move that immediately raised questions about its legal authority, practical enforcement and potential effects on consumers and lenders across the United States. Trump’s announcement, delivered through a late night social media … Read more

Hollywood Mourns T.K. Carter Death: Actor Known for ‘The Thing’ and ‘Space Jam’

KEY POINTS  Duarte, California – Thomas Kent “T.K.” Carter, the actor celebrated for his roles in John Carpenter’s sci-fi horror classic The Thing and the 1996 animated/live action sports film Space Jam, was found dead at his home in Duarte, California, on Friday.  He was 69, according to TMZ. Authorities received a call to his … Read more

Elon Musk Accuses UK Government of Suppressing Free Speech Over X AI Tool Controversy

KEY POINTS  LONDON — Elon Musk has accused the United Kingdom government of attempting to suppress free speech after ministers threatened fines and a potential ban on his social media platform X.  The warning follows the platform’s AI tool, Grok, being used to produce sexually explicit images of women and children without their consent. The … Read more

Instagram password reset attack surge follows alleged leak of 17.5 million user records

KEY POINTS  A surge in unsolicited Instagram password reset notifications has raised alarms among cybersecurity analysts after a threat actor claimed to have published data tied to 17.5 million accounts on an underground forum.  The timing of the two events has intensified scrutiny over whether a coordinated account takeover campaign is underway, even as Instagram … Read more

UK Government Signals Support for Ofcom Amid X AI Chatbot Controversy

KEY POINTS  LONDON — The UK government signaled strong backing for regulator Ofcom as it considers restricting access to Elon Musk’s social media platform X. Following reports that the site’s AI chatbot Grok was used to generate sexually explicit, non consensual images of women and children.  Technology Secretary Liz Kendall said Ofcom has the authority … Read more

Premier League Rights Netflix Scenario Signals a New Era for Live Sports

KEY POINTS  LONDON — The future of Premier League broadcasting could be reshaped by a high stakes takeover battle between Netflix and Paramount Skydance for Warner Bros Discovery. A deal that would extend far beyond Hollywood and into the global sports media economy. While neither bidder has publicly centered football rights in its strategy, ownership … Read more

Netflix stock valuation remains elevated after Warner Bros driven selloff

KEY POINTS  Netflix shares have fallen sharply since October amid investor unease over the company’s potential pursuit of Warner Bros. Discovery but analysts say the selloff has not fully resolved concerns about valuation, growth visibility and deal risk.  Despite a drop of roughly twenty eight percent in less than three months Netflix stock valuation remains … Read more

Trump signals US strikes on drug cartels in Mexico as administration outlines more aggressive regional posture

KEY POINTS  WASHINGTON — President Donald Trump said the United States will begin targeting drug cartels by land and suggested the operations could take place in Mexico.  Marking the clearest public signal yet of a potential expansion of US military and law enforcement actions beyond maritime interdictions.  His comments, made in a Jan. eight interview … Read more

Meta Nuclear Energy Deals to Power Prometheus AI Supercluster by 2035

KEY POINTS  NEW YORK — Meta Platforms Inc. has entered agreements with three nuclear energy providers to supply electricity for its Prometheus AI supercluster, a major data center project under construction in New Albany, Ohio.  The deals involve Vistra Corp., TerraPower LLC, and Oklo Inc., including support for both operating and advanced nuclear reactors.  Meta … Read more

Semiconductor Stocks Rise After Trump Praises Intel and CEO

KEY POINTS  WASHINGTON — Semiconductor stocks climbed Friday after US President Donald Trump publicly commended Intel Corp. and its Chief Executive Officer, Lip-Bu Tan, signaling renewed market confidence in the American chip sector.  The remarks came as the US government holds a substantial stake in Intel under the CHIPS and Science Act. Intel shares rose … Read more